Fortis Inc T.FTS

Alternate Symbol(s): FTS | T.FTS.PR.F | FORFF | T.FTS.PR.G | FTRSF | T.FTS.PR.H | FRTSF | T.FTS.PR.J | T.FTS.PR.I | T.FTS.PR.K | T.FTS.PR.M | FTPSF

Utilities Utilities - Diversified

Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. Its regulated utility businesses include ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; UNS Energy Corporation, which includes Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc., and CH Energy Group, Inc., which includes Central Hudson Gas & Electric Corporation. Its regulated utility businesses also include FortisBC Energy Inc.; FortisAlberta Inc.; FortisBC Inc., and Eastern Canadian and Caribbean utilities: Newfoundland Power Inc.; Maritime Electric Company, Limited; FortisOntario Inc.; FortisTCI Limited and Turks and Caicos Utilities Limited, and Belize Electricity Limited. ITC Holdings Corp. is the independent electricity transmission company.

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Post by Possibleidiot01on May 04, 2023 3:49pm

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Post# 35430974

Analyst roundup

Fortis (TSE:FTS) had its price target raised by analysts at Susquehanna Bancshares, Inc. from C$56.00 to C$57.00. This represents a 6.0% downside from the current price of C$60.62.
Fortis (TSE:FTS) had its price target raised by analysts at Scotiabank from C$58.00 to C$60.00. This represents a 1.0% downside from the current price of C$60.62.
Fortis (TSE:FTS) had its price target raised by analysts at Raymond James from C$58.00 to C$65.00. This represents a 7.2% upside from the current price of C$60.62.
Fortis (TSE:FTS) had its price target raised by analysts at CIBC from C$59.00 to C$61.00. This represents a 0.6% upside from the current price of C$60.62.
Fortis (TSE:FTS) had its price target raised by analysts at TD Securities from C$63.00 to C$65.00. They now have a "buy" rating on the stock. This represents a 7.2% upside from the current price of C$60.62.